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Starbucks' most recent quarter showed a 7% drop in global comparable-store sales as consumers shunned the chain's ever-pricier coffees and long wait times. North America comparable store sales ...
Starbucks is one of the world's great companies and most iconic brands. It really is a privilege to take on this role, and I'm excited to be here and optimistic about the future.
Starbucks' most recent quarter showed a 4% drop in global same-store sales as the company pulled back on discounts and consumers shunned the long lines at the chain. North America and US same ...
The earnings announcement was a mixed bag, with earnings per share (EPS) and revenue slightly surpassing analysts' expectations but facing declines in key sales metrics. Starbucks reported EPS of ...
But despite holding that highly-coveted title, the coffee giant is facing its fair share of financial struggles in 2024.The company just released its latest quarterly earnings results, reporting ...
Starbucks assumes no obligation to update any of these forward-looking statements or information. Revenue, operating margin, and EPS growth metrics on today's call are measured in constant ...
Starbucks plans to reduce beverage and food offerings on the menu by 30% by the end of this fiscal year. The company recently canceled the extra charge on non-dairy milks and paused price increases.
Starbucks' overall revenue is up 11% to nearly $9.4 billion, higher than the $9.28 billion expected from Wall Street, while adjusted earnings per share came in at $1.06, which also beat estimates ...